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Related news & insights - James Harrison

Is time up for the vanishing company director?
Posted: 20/05/2021
It is unfortunately a common story for anyone who has been in business for any length of time: the unscrupulous director who, rather than confront creditors in an insolvency process, simply disappears as if by magic by dissolving the company and re-appearing elsewhere moments later, leaving creditors clasping nothing but smoke...…>>
Penningtons Manches Cooper named in UK litigation top 50 report
Posted: 16/10/2020
The high quality and broad range of Pennington Manches Cooper’s litigation expertise has been recognised in this year’s edition of The Lawyer UK Litigation 50, which positions the firm at 38 in the list of top 50 litigation law firms......>>
Changes to UK insolvency law due to Covid-19 and D&O insurance
Posted: 15/04/2020
As reviewed previously, the impact on Covid-19 losses will result in a steep increase in insurance claims under business interruption, public liability, product liability, employer’s liability, asset management, directors and officers, professional liability, errors and omissions, and marine insurance policies.
A guide to the impact of the insolvency law reforms
Posted: 15/04/2020
On 28 March 2020, business secretary Alok Sharma announced plans to reform insolvency law to add new restructuring tools, including: a moratorium for companies in order to give them breathing space from creditors enforcing their debts for a period of time whilst they seek a rescue or restructure......>>
Covid-19: Guidance on insolvency for company directors
Posted: 01/04/2020
In a welcome announcement for company directors, Alok Sharma, the Business Secretary has confirmed that the wrongful trading provisions under the Insolvency Act 1986 (the “Act”) will be suspended for three months.

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